Bank of America has set a new gold price target of $6,000 per ounce by 2026, marking the most aggressive forecast among major financial institutions. U.S. Bank analyst Michael Hartnett highlighted in a client report that historical trends show an average gold price increase of 300% over approximately 43 months during past bull markets. This projection suggests that gold could reach the $6,000 mark by spring 2026, representing a significant rise of over 20% from its current all-time high.